256 Sudbury Drive
About This Property
The City of Atlantis may be the best kept secret in Palm Beach County. It is a gated community with its own city council and police force. Atlantis features award winning golf courses, a country club and a wonderful park for kids. Centrally located, close to beaches, I-95 and downtown West Palm.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2019 | Sold | ||
| Sold | |||
| Oct 30, 2018 | Listed by LPT Realty, LLC | $349,000 | |
| Listed by LPT Realty, LLC | |||
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About Atlantis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017